Union minister Arun Jaitley defended the current level of central taxes on retail prices of petroleum products by arguing that it raises revenue for growth
Category: GST
One country, one GST, lots of confusion – Business Line–20.06.2018
What happens when two units of the Authorities of Advance Ruling (AAR) hold divergent views on whether cess can be transitional under Goods and Services
Interview with CBIC chairman: ‘70-80 per cent GST issues resolved, revenue buoyancy likely soon’ | The Indian Express–20.06.2018
Central Board of Indirect Taxes and Customs (CBIC) Chairman Vanaja N Sarna. Terming her 15-month term as challenging, Central Board of Indirect Taxes and Customs
Fin Min wants BJP-ruled states to take lead in bringing petrol under GST–Deccan Chronicle–20.06.2018
Left with few options to tackle the crude price hike impact on the economy, the finance ministry may ask the political leadership to persuade the
GST: Demo & GST – Empirical evidence shows MSMEs yet to recover from the twin economic measures–19.06.2018
By Manish Sinha The micro, small and medium enterprises (MSMEs) sector is of special significance for the Indian government, expecting it to offer higher employment
GST formalising economy, widening tax base, says Finance Ministry – The Financial Express–19.06.2018
The Finance Ministry today said it would be increasingly difficult for businesses to remain outside the tax net as GST is leading to formalisation of
Benefit of two exemption notifications on same shipment allowed: Expert | Business Standard News–19.06.2018
Q1. We are in the process of setting up a new hotel. We are importing lifts from Thailand, where basic duty is nil under the Asean-India
GST: Delhi raises e-way bill threshold – The Financial Express–17.06.2018
After West Bengal and Tamil Nadu, Delhi has become the third state to double the threshold for electronic-way (e-way) bill for intra-state movement of goods
GST Amendments: Changes to include RCM, return filing, refund on exports | The Indian Express–17.06.2018
Clarification for refunds of cess on goods to be exported, changes in the enabling provisions for reverse charge mechanism (RCM) and composition scheme and returns
GST anti-profiteering funds to be split between Centre, state – Business Line–16.06.2018
Centre and the ‘concerned state’ will equally share the amount deposited by erring businesses in the consumer welfare fund set up as part of the
How to change or update e-mail, phone number in GST system – The Financial Express–15.06.2018
GST taxpayers can now change their email address and phone number (PTI) Arguably, much to the relief of several assessees under GST, the government has
One year of GST: What has been really achieved vs what Modi government claimed – The Financial Express–15.06.2018
The GST was not just a grand mid-night event in India, it was a transformation which was felt. From initial confusion, chaos, protests and teething
Anti-profiteering body is redundant–Economic Times–14.06.2018
The National Anti-Profiteering Authority has not done anything much to earn the fear and loathing that industry had reserved for it, when it was set
GST refunds: Rs 7,000 crore cleared; here’s how exporters, traders can claim pending refunds – The Financial Express–13.06.2018
Over Rs 7,000 crore or half of the pending GST refunds of exporters has been cleared in the first nine days of the ongoing special
GST completing 1 year, will procedures ease? | Deccan Herald–13.06.2018
Time flies. Even before the country could grapple with the nitty-gritties of the Goods and Services Tax (GST), we will be celebrating the first anniversary
GST–: Notice shot off to businesses for less IGST input credit claim – The Economic Times–09.06.2018
According to the results of the analysis, importers including bigger companies are paying IGST on imports but not claiming credit for the same. Tax authorities
Finance Ministry pulls up officers of I-T department for poor GST mop-up | Business Standard News–08.06.2018
The finance ministry has pulled up officers of the indirect tax department for their supposedly inadequate performance in collecting the goods and services tax (GST), which is shortly going
RBI relaxes NPA classification norms for MSMEs under GST | Business Standard News–08.06.2018
In a major relief to MSMEs, the Reserve Bank on Wednesday eased NPA classification norms for such units facing input credit linkages and associated issues
One year of GST: From launch to Rs 1 lakh crore collection; questions PM Modi must answer now – The Financial Express–06.06.2018
In less than four weeks from now, it will be full one year since India woke up to a new indirect tax regime — the
Location of supplier to be that of bank account: GST clarification – The Financial Express–05.06.2018
The location of a supplier will be the state in which the person holds a bank account even if bank branches of other locations are
